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General

T-Mobile NL management overhaul suggests DT may be ready to sell

Thursday 23 June 2016 | 14:31 CET | Author: Tim Poulus | Market Commentary
Deutsche Telekom has announced major changes in the management at its subsidiary T-Mobile Netherlands. The current CEO is leaving, and it's still searching for a successor. The CFO will be replaced on an interim basis, and new CTIO and consumer chiefs have been named. Only the head of the business division will remain. The company did not give any concrete reason for replacing four of its five top executives. We see three possible reasons: a need for a radical change in strategy; the results are simply poor; or a plan to sell the Dutch company.

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Categories: General
Companies: Deutsche Telekom / T-Mobile Netherlands
Countries: Netherlands
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